TERRENO REALTY CORP (TRNO) Stock Technical Analysis
NYSE:TRNO - US88146M1018 - REIT
57.77 USD
+2.41 (+4.35%)
57.77 USD
0 (0%)
We assign a technical rating of 1 out of 10 to TRNO. TRNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TRNO is a bad performer in the overall market: 82% of all stocks are doing better.
TRNO is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 74% are performing better than TRNO.
In the last month TRNO has a been trading in the 53.00 - 58.14 range, which is quite wide. It is currently trading near the high of this range.
TRNO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRNO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TRNO is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.22
66.81
We found 1 important support area.
- A support zone ranging from 53.76 to 54.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 59.04 to 59.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.15 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TRNO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRNO is neutral. |
| ChartMill Relative Strength | 18.06 | NEGATIVE | TRNO has a low relative strength, it was outperformed by 81.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRNO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.92 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests TRNO has a positive trend. |
| Stochastics (14,3) | 83.02 | OVERBOUGHT | The high Stochastics value suggests TRNO may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for TRNO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
57.77
+2.41 (+4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg4.35%
1 Week6.61%
2 Weeks7.44%
1 Month1.28%
3 Month4.75%
6 Month-13.93%
12 Month-18.66%
2 Year-5.12%
3 Year-5.28%
5 Year-3.14%
10 Year184.02%
15 Year233.35%
Volatility
ATR(14)1.22
ATR(20)%2.23%
ATR Inc44.47%
Range Today2.44
ADR(20)1.23
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.06
Mansfield-1.38
10 Day High58.14
10 Day Low53
20 Day High58.14
20 Day Low53
52 Week High71.63
52 Week Low48.18
CS1 End54.98
CR1 Start59.04
Volume & EV
DER(3)-1.93%
DER(5)-1.19%
Volume1.07M
Volume Incr9.18%
Vol(5)826.37K
Vol(50)914.35K